[ad_1] The biggest Wall Street Bitcoin miner by market cap, MARA Holdings, Inc. (NASDAQ: MARA), has successfully completed an $850 million offering of zero-coupon convertible senior notes. This marks one of the largest such offerings in the digital asset sector this year. MARA Raises $850 Million in Zero-Coupon Notes for Bitcoin PushThe company secured approximately $835.1 million in net proceeds after initial purchasers’ discounts and commissions. MARA plans to allocate $48 million to repurchase existing convertible notes due 2026, with the substantial remainder targeted for Bitcoin acquisitions and general corporate purposes.The notes feature distinctive terms, including zero regular interest and…
Author: dfrancis36
[ad_1] Yesterday, the South Korean crypto market suffered a violent drop after an emergency martial law was declared. This caused a massive sell-off that sent the price of most cryptocurrencies to monthly lows. After the turmoil, local exchanges saw a record-breaking daily trading volume for the second consecutive day, nearly doubling the previous milestone. South Korea’s Crypto Trading Volume Sees Record Day On Tuesday, Bitcoin (BTC), Ethereum (ETH), XRP (XRP), and most cryptocurrencies saw a massive price drop in South Korean crypto exchanges following the first declaration of an emergency martial law in the country in 44 years. Bitcoin’s price…
[ad_1] Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of…
[ad_1] Two central figures behind the cryptocurrency Ponzi scheme known as IcomTech have been sentenced to substantial prison terms, according to a recent press release by the US DoJ. The scheme defrauded thousands of investors out of millions of dollars, leaving financial devastation in its wake. The sentencing marks a major legal conclusion to one of the more prominent cases of cryptocurrency fraud. Details of the IcomTech Scheme David Brend and Gustavo Rodriguez, key operators of IcomTech, received prison sentences of 10 and 8 years, respectively, handed down by Judge Jennifer L. Rochon following a March trial where both were…
[ad_1] Dogecoin (DOGE), a cryptocurrency that has gained popularity and surpassed $60 billion in market capitalization, is once again attracting attention. While the year got off to a shaky start for DOGE, it has since seen a significant upswing. DOGE has mostly consolidated at $0.40, which begs some questions about whether its moment of glory has vanished. Recent research, however, points the other way, with specialists looking at possible price levels that would inspire DOGE aficionados once more. Technical Support Points Toward Development Important technical indications have helped to propel the price trajectory of DOGE. Currently at $0.26, the 50-day…
[ad_1] Bitcoin reached a significant milestone, surpassing the long-anticipated $100,000 mark. Its market capitalisation also crossed $2 trillion, setting another record.Bitcoin Goes to the MoonThe latest price record was achieved on Thursday morning during East Asian trading hours, as a sudden bullish trend propelled Bitcoin past $100,000. The price peaked at $103,500 before correcting slightly to $103,300 at the time of writing.Bitcoin’s market capitalisation has exceeded the $2 trillion mark within just 15 years of its existence, setting a remarkable record. In comparison, the global market cap of gold stands at approximately $17.7 trillion, while Nvidia and Apple, two leading…
[ad_1] President-elect Donald Trump is reportedly considering appointing prominent figures with pro-crypto stances to lead the Commodity Futures Trading Commission (CFTC), an agency poised to play a pivotal role for the digital assets industry. This move aligns with Trump’s campaign promises to transform the United States into the “crypto capital of the planet” and a “Bitcoin superpower.” During the presidential campaign, Trump criticized the Biden administration for “hamstringing” the Bitcoin and crypto sector, particularly through actions taken by the Securities and Exchange Commission (SEC). His administration is expected to adopt a pro-crypto stance towards crypto, with the CFTC potentially taking…
[ad_1] Dogecoin is gaining pace above the $0.4250 support against the US Dollar. DOGE is trading in a bullish zone and might soon surpass the $0.4650 resistance. DOGE price started a fresh increase above the $0.420 level. The price is trading above the $0.4250 level and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.4150 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another rally if it clears the $0.450 and $0.4650 resistance levels. Dogecoin Price Regains Momentum Dogecoin price started a…
[ad_1] A popular figure in the cryptocurrency world known as “Bitcoin Jesus” – who has been indicted for a multi-million-dollar tax evasion case – asked a federal court to drop the charges against him. Bitcoin influencer Roger Ver hit back at the Biden administration, accusing the Us government of unconstitutional use of excessive power to cripple the cryptocurrency industry. Seeking Case Dismissal Ver’s legal counsels recently sought the dismissal of all tax evasion cases against the Bitcoin influencer, citing that the US government has overstepped its actions which have gone beyond what is allowed in the constitution. In February, Bitcoin Jesus…
[ad_1] Este artículo también está disponible en español. In what has been one of the most bullish months of the year, asset manager and crypto exchange-traded fund (ETF) issuer VanEck released a report highlighting significant gains in the memecoin sector, alongside notable performances from major cryptocurrencies like Cardano (ADA), Solana (SOL), Polkadot (DOT), and Stellar (XLM). Solana’s Ecosystem Thrives According to VanEck’s analysis, Solana delivered a 42% return in November, with the SOL token hitting an all-time high of $262. This increase was largely driven by a surge in on-chain trading activity related to memecoins, which led the general market…